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CA Final · Indirect Tax Laws · Accounts and Records; E-way Bill

During an inspection at the premises of Kaveri Traders, a registered person who stores accounts electronically, the proper officer demands the relevant records. Which of the following correctly describes the obligation of Kaveri Traders under the CGST Rules, 2017?

Kaveri Traders must produce, on demand, the relevant records or documents duly authenticated by it, either in hard copy or in any electronically readable format. Authentication is mandatory, and the registered person may choose either form of production.

  1. AIt must produce the relevant records duly authenticated by it, in hard copy or in any electronically readable formatCorrect
  2. BIt must produce records only in hard copy, since electronic format is not acceptable
  3. CIt may produce records in any format but need not authenticate them
  4. DIt must produce records only after the officer obtains a court order

Explanation

The registered person maintaining electronic records must produce, on demand, the relevant records or documents duly authenticated by him, in hard copy or any electronically readable format. Hard copy alone is not mandated, and authentication is required, so the second and third options are wrong.

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